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- (-) December 2022
- (-) Turkey
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In MY 2022/23, all citrus production in Turkiye is expected to decrease due to freezing weather conditions in March 2022 at the beginning of the blossoming period. Retail prices are expected to increase for MY 2022/23 due to low yields and high farmgate prices as a result of increasing input costs for fertilizers, fuel, disinfestation, packaging and transportation.
In 2022 Honduras has made no modifications or changes to its existing regulatory framework. As of October 2022, Honduras had more than 52,000 hectares (ha) of genetically engineered (GE) Corn production, a 37 percent increase from calendar 2021.
Turkiye’s cotton production forecast for marketing year (MY) 2022/23 is revised higher to nearly 1.1 million metric tons (MMT) (4.94 million bales), based on increase in cotton area harvested and ideal weather conditions throughout the growing season.
U.S. exporters enjoy a strong position in the Honduran market, thanks to the CAFTA-DR agreement. More than 95 percent of U.S. industrial and commercial goods can enter the country duty free, with the remaining tariffs to be phased out by 2025. Import tariffs for rice and chicken leg quarters will be eliminated in 2023, as well as for dairy products in 2025.